Priority Jewels IPO
Priority Jewels IPO
Overview
Priority Jewels IPO is a book build issue of ₹91.50 crores. The issue is entirely a fresh issue of 0.46 crore shares of ₹91.50 crore. Priority Jewels IPO opens for subscription on Aug 28, 2026 and closes on Sep 1, 2026. The allotment for the Priority Jewels IPO is expected to be finalized on Sep 2, 2026. Priority Jewels IPO will list on NSE and BSE with a tentative listing date fixed as Sep 4, 2026. Priority Jewels IPO is set issue price band at ₹190 to ₹200 per share. The lot size for an application is 75 shares. The minimum amount of investment required by an individual investor (retail) is ₹15,000 (75 shares) (based on upper price). Mefcom Capital Markets Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Total Shares
45,75,000
Issue Size
₹92 Cr
Price Band
₹190 – ₹200
Lot Size
75 shares
Min. Investment
₹15,000
Max. Investment
₹1,95,000
Open Date
28 Aug, 2026
Close Date
01 Sep, 2026
Allotment
02 Sep, 2026
Listing
04 Sep, 2026
Max. Investment
₹1,95,000
Announced
28 Aug, 2026
Opening Date
28 Aug, 2026
Closing Date
01 Sep, 2026
Basis of Allotment
02 Sep, 2026
Initiation of Refunds
03 Sep, 2026
Credit of Shares
03 Sep, 2026
Listing Date
04 Sep, 2026
Live GMP
Est. Listing: ₹220
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About Priority Jewels IPO
Incorporated in 2007, Priority Jewels designs, manufactures, and sells diamond-studded gold and platinum fine jewellery. It offers a variety of daily wear jewellery products, like rings, earrings, pendants, neckware, bracelets, and occasion couture jewellery.
The company sells products to independent jewellers and jewellery chains in India and globally, like CaratLane Trading Pvt Ltd, Kalyan Jewellers, Reliance Retail, Malabar Gold & Diamonds, Thribhovandas Bhimji Zaveri Ltd, and Se
Priority Jewels IPO Share Price
Issue Breakdown
Shareholding
Dilution: 34.1% increase in shares
Priority Jewels IPO Financial Health
Priority Jewels Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 68% between the financial year ending with March 31, 2026 and March 31, 2025.
Priority Jewels IPO Lot Size
Investors can bid for a minimum of 75 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 75 | ₹15,000 |
| Retail (Max) | 13 | 975 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1050 | ₹2,10,000 |
| S-HNI (Max) | 66 | 4950 | ₹9,90,000 |
| B-HNI (Min) | 67 | 5025 | ₹10,05,000 |
(All values in CR)
Priority Jewels IPO Valuations
| Metric | Value |
|---|---|
| ROE | 4.55 |
| ROCE | 6.92 |
| Debt/Equity | 0.76 |
| RoNW | 4.44 |
| PAT Margin | 4.39 |
| EBITDA Margin | 7.01 |
| NAV | 108.59 |
| Price to Book Value | - |
(All values in CR)
Priority Jewels IPO Strength & Risk
Priority Jewels IPO Strength
- Diversified Jewellery Portfolio: The company offers a wide range of diamond-studded gold and platinum jewellery, including rings, earrings, pendants, bracelets and occasion-wear products.
- Integrated Manufacturing Facilities: Its in-house design and manufacturing capabilities provide better control over product quality, production timelines and metal utilisation.
- Experienced Promoters: The company is led by promoters and a management team with extensive experience in the jewellery industry.
- Strong Customer Relationships: Priority Jewels has longstanding relationships with several reputed jewellery retailers, supporting repeat orders and customer retention.
- Domestic and International Presence: The company serves customers across multiple Indian states as well as international markets, providing geographical diversification.
Priority Jewels IPO Risk
- Customer Concentration: A significant portion of revenue comes from its top customers, creating a risk if major customers reduce orders or discontinue business.
- Dependence on Raw Materials: Gold, diamonds and other precious materials account for a substantial portion of costs, exposing margins to price and availability fluctuations.
- No Long-Term Customer Contracts: Much of the business is conducted through purchase orders and short-term arrangements, limiting revenue visibility.
- Supplier Concentration: A significant share of raw-material purchases comes from a limited group of suppliers, creating supply-chain risk.
- High Working Capital Requirement: The jewellery business requires substantial funds for inventory and receivables, which can put pressure on cash flows.
Priority Jewels IPO GMP
Priority Jewels IPO last GMP is ₹20, last updated Aug 27th 2026 08:59 AM. With the upper price band of ₹200.00, Priority Jewels IPO's estimated listing price is ₹220 (cap price + today's GMP). The expected percentage gain/loss per share is 10.00%. >> Priority Jewels IPO Retail Subject to Sauda: ₹1100 >> Priority Jewels IPO Small HNI Subject to Sauda: ₹15400 During this period, the GMP ranged from a low of ₹0.00 to a high of ₹30.00.
Last updated 27 Aug, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 27 Aug, 2026 | 200 | ₹20 | - | ₹220 (10.00%) | 1500 | 27 Aug, 2026 |
| 26 Aug, 2026 | 200 | ₹20▼ | - | ₹220 (10.00%) | 1500 | 26 Aug, 2026 |
| 25 Aug, 2026 | 200 | ₹30▲ | - | ₹230 (15.00%) | 2250 | 25 Aug, 2026 |
| 24 Aug, 2026 | 200 | ₹28▲ | - | ₹228 (14.00%) | 2100 | 24 Aug, 2026 |
| 23 Aug, 2026 | 0 | ₹0 | - | ₹ (%) | - | 23 Aug, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Priority Jewels IPO
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Find Priority Jewels IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.